Mumbai2 minutes ago
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The world’s second largest IT service company Infosys has received a profit of Rs 6,921 crore in the first quarter of FY 2025-26. It has increased by 8.7% on an annual basis. The company had a profit of Rs 6,368 crore in the same quarter of a year ago.
In the April-June quarter, the company generated a revenue of Rs 42,279 crore. It has increased by 7.5% on an annual basis. A year ago, ie Q1fy24-25, the tech company generated a revenue of Rs 39,315 crore. The money from selling goods and services is revenue.
Before the quarterly results, Infosys’s stock fell 0.76% on Wednesday (July 23) to close at Rs 1,558.90. The company’s stock has fallen 2% in the last one month. Whereas in 6 months it has fallen 16% and this year i.e. from January 1, 17% has fallen. At the same time, the company’s stock has fallen 15% in a year. The company’s market cap is 6.52 lakh crore rupees.
Narayan Murthy started the company in 1981
Established in 1981, Infosys is a NYSE listed global consulting and IT services company. The company was launched with capital of $ 250 (about 21,000 rupees today).
The 40 -year -old company has around 1900 customers in more than 56 countries. It has 13 subsidiary companies worldwide. The company has Narayan idol. CEO and Managing Director is Salil Parekh. D Sundaram is the lead independent director.
